Asked by Claudia Nicole on Jul 09, 2024

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For federal district court diversity jurisdiction to exist the only requirement is that the amount in controversy must be at least $75,000.

Amount in Controversy

The Amount in Controversy is the monetary value involved in a lawsuit that must be met or exceeded for a court to have jurisdiction.

  • Distinguish between different grounds for federal jurisdiction.
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Zybrea KnightJul 12, 2024
Final Answer :
False
Explanation :
Diversity jurisdiction exists when (1)the case is between citizens of different states and (2)the amount in controversy exceeds $75,000.